Structural versus Cyclical Three years of strong growth may not - TopicsExpress

Structural versus Cyclical Three years of strong growth may not be replicated with two quarters of disappointments but when you place the level of expectations too low, even a monkey can beat that expectation despite a 4% margin. Its not praying. Its understanding the business versus funds who will sell their under performers and funds who are scared to show their clients that they have those shares and are underperforming hence momentum is faster on the downside. Six months mean reversion. Its not praying. Its understanding

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